‘Thrilled’ to have him back, Coyotes re-sign Doan to one-year, $5 million deal

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The captain is back in Arizona.

Per multiple outlets — see here, here and here — Coyotes captain Shane Doan has agreed to return for a 21th season, on a one-year deal worth a reported $5 million.

UPDATED: Arizona has confirmed the signing, but didn’t release the financials.

“We are thrilled to have Shane back for another year,” GM John Chayka said in a release. “No one has done more for this franchise than Shane. He’s one of the best captains in the NHL and we are lucky to have him.”

Doan, 39 (turns 40 on Oct. 10), has spent his entire career with the Winnipeg/Phoenix/Arizona organization, and is coming off a highly productive campaign. He scored an impressive 28 goals and 47 points in 72 games, and looked invigorated by occasionally skating alongside two of the club’s brightest young prospects at forward, Max Domi and Anthony Duclair.

This extension with the Coyotes took a while to get done. Doan had flirted with the idea of retiring and, per KTAR’s John Gambadoro, received some calls from other teams upon becoming a free agent.

Doan had just wrapped the last of a four-year, $21.2 million deal with a $5.3M average annual cap hit. If the reported financials are accurate, he’ll take a slight pay cut, but will still rank among Arizona’s highest-paid players.

He remains the club’s most expensive forward, but falls behind d-man Oliver Ekman-Larsson ($5.5M annually) and goalie Mike Smith ($5.66M per).